Stocks looked set to climb again as investors waited for Wednesday’s Federal Reserve policy decision, with the central bank all-but certain to cut interest rates for the first time this year. S&P 500 futures climbed 0.1% and contracts tied to the tech-heavy Nasdaq 100 rose 0.2%, after both indexes clinched closing highs the previous session. Wall Street is convinced the Fed will lower rates tomorrow, with most traders betting on a quarter-point reduction.

